Allegan Teachers'

Allegan, MI · Charter 61997

Q4 1999

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 1999, the quarter ended December 31, 1999, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Allegan, MI · Charter 61997

Q4 1999

$406KAssets

$247KLoans

$334KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

0.21%-255 bps YoY

Net Interest Margin (YTD, annualized)

5.77%

Efficiency Ratio (YTD, annualized)

96.29%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	2.76%	2.76%	2.63%	2.07%	0.21%	-255 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	5.77%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	96.29%	n/a	n/a
Growth
Asset Growth (YoY)	-26.95%	-25.74%	-10.05%	-12.42%	-5.02%	+2,193 bps
Loan Growth (YoY)	-16.79%	-24.97%	-23.59%	-33.08%	-26.39%	-960 bps
Share Growth (YoY)	-31.31%	-29.96%	-12.68%	-15.27%	-3.63%	+2,768 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.14%	0.15%	0.18%	0.21%	0.21%	+7 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	96.63%	94.29%	80.78%	70.72%	73.82%	-2,282 bps
Liquid Assets / Assets	17.85%	19.29%	30.12%	39.48%	0.00%	-1,785 bps